Things You Should Know About IEX

IEX Group Inc. won approval from the Securities and Exchange Commission to start a new U.S. stock exchange. IEX’s unique design, which it says favors the needs of long-term investors, has divided Wall Street and antagonized competitors such as the New York Stock Exchange, which lobbied against the proposed exchange and pressured the SEC to deny full approval to IEX. Here are five things you should know about IEX: